ESP: Espey Mfg & Electronics Corp Financial Statements

Balance sheet, income statement, and cash flow statements for Espey Mfg & Electronics Corp (ESP).

OverviewDividends

$58.07M Market Cap.

As of 05/12/2025 5:00 PM ET (MRY) • Disclaimer

ESP Market Cap. (MRY)


ESP Shares Outstanding (MRY)


ESP Assets (MRY)


Total Assets

$56.54M

Total Liabilities

$15.27M

Total Investments

$18.88M

ESP Income (MRY)


Revenue

$38.74M

Net Income

$5.82M

Operating Expense

$4.11M

ESP Cash Flow (MRY)


CF Operations

$10.60M

CF Investing

-$7.84M

CF Financing

-$1.15M

ESP Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$56,542,931 (19.03%)

$47,501,523 (19.06%)

$39,897,229 (5.05%)

$37,980,803 (-0.60%)

Assets Current

$53,236,656 (19.16%)

$44,676,434 (20.42%)

$37,099,236 (6.03%)

$34,990,284 (0.71%)

Assets Non-Current

$3,306,275 (17.03%)

$2,825,089 (0.97%)

$2,797,993 (-6.44%)

$2,990,519 (-13.74%)

Goodwill & Intangible Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Shareholders Equity

$41,273,972 (15.03%)

$35,879,758 (11.78%)

$32,099,614 (5.83%)

$30,332,295 (-2.86%)

Property Plant & Equipment Net

$3,306,275 (17.03%)

$2,825,089 (0.97%)

$2,797,993 (-6.44%)

$2,990,519 (-13.74%)

Cash & Equivalents

$4,351,970 (58.33%)

$2,748,755 (-66.08%)

$8,104,060 (19.13%)

$6,802,712 (25.93%)

Accumulated Other Comprehensive Income

$6,544 (369.41%)

-$2,429 (-25.72%)

-$1,932 (18.17%)

-$2,361 (24.01%)

Deferred Revenue

$9,043,422 (11.90%)

$8,081,838 (138.79%)

$3,384,474 (9.97%)

$3,077,605 (41.48%)

Total Investments

$18,878,631 (57.79%)

$11,964,673 (222.60%)

$3,708,779 (19.95%)

$3,092,000 (-39.86%)

Investments Current

$18,878,631 (57.79%)

$11,964,673 (222.60%)

$3,708,779 (19.95%)

$3,092,000 (-39.86%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$19,244,009 (-3.25%)

$19,889,581 (7.16%)

$18,560,449 (-1.23%)

$18,791,892 (27.07%)

Trade & Non-Trade Receivables

$6,635,490 (15.29%)

$5,755,282 (0.39%)

$5,733,174 (7.09%)

$5,353,781 (-40.60%)

Trade & Non-Trade Payables

$3,751,209 (209.41%)

$1,212,375 (-41.69%)

$2,079,177 (-23.51%)

$2,718,173 (-5.02%)

Accumulated Retained Earnings (Deficit)

$26,004,790 (18.92%)

$21,867,720 (17.07%)

$18,679,857 (7.26%)

$17,414,730 (-7.36%)

Tax Assets

$895,154 (2409.82%)

$35,666 (0%)

$0 (0%)

$249,602 (0%)

Tax Liabilities

$220,607 (60.06%)

$137,827 (-40.73%)

$232,551 (37.97%)

$168,557 (-39.94%)

Total Debt

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Debt Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Debt Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Liabilities

$15,268,959 (31.38%)

$11,621,765 (49.04%)

$7,797,615 (1.95%)

$7,648,508 (9.55%)

Liabilities Current

$15,268,959 (32.96%)

$11,483,938 (50.71%)

$7,619,786 (1.87%)

$7,479,951 (10.83%)

Liabilities Non-Current

$0 (0%)

$137,827 (-22.49%)

$177,829 (5.50%)

$168,557 (-27.64%)

ESP Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$38,736,319 (8.83%)

$35,592,323 (10.86%)

$32,104,774 (15.76%)

$27,734,598 (-12.03%)

Cost of Revenue

$28,083,259 (1.97%)

$27,541,785 (3.41%)

$26,632,616 (9.26%)

$24,374,991 (-6.13%)

Selling General & Administrative Expense

$4,113,608 (9.68%)

$3,750,524 (-4.88%)

$3,942,991 (4.15%)

$3,785,746 (-13.69%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$4,113,608 (9.68%)

$3,750,524 (-4.88%)

$3,942,991 (4.15%)

$3,785,746 (-13.69%)

Interest Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Income Tax Expense

$1,479,874 (43.77%)

$1,029,336 (213.87%)

$327,954 (275.70%)

-$186,654 (-228.27%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

$5,815,140 (58.14%)

$3,677,131 (190.65%)

$1,265,127 (796.87%)

-$181,543 (-115.60%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

$5,815,140 (58.14%)

$3,677,131 (190.65%)

$1,265,127 (796.87%)

-$181,543 (-115.60%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

$5,815,140 (58.14%)

$3,677,131 (190.65%)

$1,265,127 (796.87%)

-$181,543 (-115.60%)

Weighted Average Shares

$2,489,165 (1.40%)

$2,454,856 (0.94%)

$2,431,904 (1.06%)

$2,406,345 (0.55%)

Weighted Average Shares Diluted

$2,536,967 (2.67%)

$2,471,016 (1.61%)

$2,431,904 (1.06%)

$2,406,345 (0.41%)

Earning Before Interest & Taxes (EBIT)

$7,295,014 (55.00%)

$4,706,467 (195.43%)

$1,593,081 (532.67%)

-$368,197 (-128.12%)

Gross Profit

$10,653,060 (32.33%)

$8,050,538 (47.12%)

$5,472,158 (62.88%)

$3,359,607 (-39.56%)

Operating Income

$6,539,452 (52.08%)

$4,300,014 (181.20%)

$1,529,167 (458.84%)

-$426,139 (-136.35%)

ESP Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$7,840,277 (10.56%)

-$8,765,907 (-854.54%)

-$918,339 (-145.76%)

$2,006,910 (515.60%)

Net Cash Flow from Financing

-$1,151,708 (-135.39%)

-$489,268 (0%)

$0 (0%)

-$1,201,316 (48.99%)

Net Cash Flow from Operations

$10,595,200 (171.68%)

$3,899,870 (75.69%)

$2,219,687 (273.06%)

$594,996 (-90.03%)

Net Cash Flow / Change in Cash & Cash Equivalents

$1,603,215 (129.94%)

-$5,355,305 (-511.52%)

$1,301,348 (-7.09%)

$1,400,590 (-64.45%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

-$6,904,984 (16.37%)

-$8,256,391 (-1238.63%)

-$616,778 (-130.08%)

$2,050,464 (279.41%)

Capital Expenditure

-$5,164,015 (-913.51%)

-$509,516 (-68.96%)

-$301,561 (-592.38%)

-$43,554 (79.69%)

Issuance (Repayment) of Debt Securities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Issuance (Purchase) of Equity Shares

$526,362 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Payment of Dividends & Other Cash Distributions

-$1,678,070 (-242.98%)

-$489,268 (0%)

$0 (0%)

-$1,201,316 (49.70%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$721,809 (21.77%)

$592,778 (18.14%)

$501,763 (2.91%)

$487,560 (-1.43%)

Depreciation Amortization & Accretion

$453,517 (-6.48%)

$484,920 (-1.96%)

$494,635 (-4.84%)

$519,813 (-8.57%)

ESP Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

27.50% (21.68%)

22.60% (32.94%)

17.00% (40.50%)

12.10% (-31.25%)

Profit Margin

15.00% (45.63%)

10.30% (164.10%)

3.90% (657.14%)

-0.70% (-118.92%)

EBITDA Margin

20.00% (36.99%)

14.60% (124.62%)

6.50% (1200.00%)

0.50% (-91.67%)

Return on Average Equity (ROAE)

15.00% (40.19%)

10.70% (167.50%)

4.00% (766.67%)

-0.60% (-116.22%)

Return on Average Assets (ROAA)

11.10% (35.37%)

8.20% (148.48%)

3.30% (760.00%)

-0.50% (-115.63%)

Return on Sales (ROS)

18.80% (42.42%)

13.20% (164.00%)

5.00% (484.62%)

-1.30% (-130.95%)

Return on Invested Capital (ROIC)

21.00% (31.25%)

16.00% (138.81%)

6.70% (494.12%)

-1.70% (-134.00%)

Dividend Yield

3.20% (166.67%)

1.20% (0%)

0% (0%)

3.40% (-41.38%)

Price to Earnings Ratio (P/E)

9.08 (-18.65%)

11.16 (-59.24%)

27.39 (114.78%)

-185.25 (-624.09%)

Price to Sales Ratio (P/S)

1.37 (18.27%)

1.16 (7.04%)

1.08 (-16.10%)

1.29 (-2.21%)

Price to Book Ratio (P/B)

1.41 (11.58%)

1.26 (5.17%)

1.2 (-9.17%)

1.32 (-0.98%)

Debt to Equity Ratio (D/E)

0.37 (14.20%)

0.32 (33.33%)

0.24 (-3.57%)

0.25 (12.50%)

Earnings Per Share (EPS)

2.34 (56.00%)

1.5 (188.46%)

0.52 (750.00%)

-0.08 (-116.33%)

Sales Per Share (SPS)

15.56 (7.33%)

14.5 (9.83%)

13.2 (14.53%)

11.53 (-12.50%)

Free Cash Flow Per Share (FCFPS)

2.18 (58.00%)

1.38 (75.03%)

0.79 (244.54%)

0.23 (-90.47%)

Book Value Per Share (BVPS)

16.58 (13.44%)

14.62 (10.74%)

13.2 (4.71%)

12.61 (-3.40%)

Tangible Assets Book Value Per Share (TABVPS)

22.72 (17.40%)

19.35 (17.94%)

16.41 (3.94%)

15.78 (-1.14%)

Enterprise Value Over EBIT (EV/EBIT)

7 (-22.22%)

9 (-55.00%)

20 (123.26%)

-86 (-407.14%)

Enterprise Value Over EBITDA (EV/EBITDA)

6.78 (-13.50%)

7.83 (-47.58%)

14.95 (-92.82%)

208.18 (950.21%)

Asset Turnover

0.74 (-6.57%)

0.79 (-4.35%)

0.83 (11.74%)

0.74 (-13.43%)

Current Ratio

3.49 (-10.36%)

3.89 (-20.11%)

4.87 (4.08%)

4.68 (-9.13%)

Dividends

$0.68 (237.50%)

$0.2 (0%)

$0 (0%)

$0.5 (-50.00%)

Free Cash Flow (FCF)

$5,431,185 (60.20%)

$3,390,354 (76.75%)

$1,918,126 (247.84%)

$551,442 (-90.42%)

Enterprise Value (EV)

$52,514,928 (29.10%)

$40,676,744 (30.36%)

$31,202,662 (-1.15%)

$31,564,085 (-15.20%)

Earnings Before Tax (EBT)

$7,295,014 (55.00%)

$4,706,467 (195.43%)

$1,593,081 (532.67%)

-$368,197 (-128.12%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$7,748,531 (49.26%)

$5,191,387 (148.66%)

$2,087,716 (1276.98%)

$151,616 (-91.93%)

Invested Capital

$36,922,002 (10.98%)

$33,268,830 (37.63%)

$24,173,383 (2.01%)

$23,698,140 (-9.06%)

Working Capital

$37,967,697 (14.39%)

$33,192,496 (12.60%)

$29,479,450 (7.16%)

$27,510,333 (-1.72%)

Tangible Asset Value

$56,542,931 (19.03%)

$47,501,523 (19.06%)

$39,897,229 (5.05%)

$37,980,803 (-0.60%)

Market Capitalization

$58,071,192 (28.32%)

$45,255,590 (17.59%)

$38,485,494 (-3.91%)

$40,053,021 (-3.75%)

Average Equity

$38,890,008 (12.95%)

$34,432,008 (10.18%)

$31,250,222 (3.84%)

$30,095,364 (-3.21%)

Average Assets

$52,358,685 (16.53%)

$44,930,892 (15.89%)

$38,769,426 (3.56%)

$37,436,656 (1.61%)

Invested Capital Average

$34,746,049 (18.40%)

$29,345,725 (23.72%)

$23,719,593 (8.14%)

$21,934,938 (-16.31%)

Shares

2,732,762 (1.11%)

2,702,633 (0.00%)

2,702,633 (0.00%)

2,702,633 (12.49%)